SPECIAL SECTION: 2019 OUTLOOK
COMMERCIAL DEBATE
GREAT MINDS THINK AHEAD
2019 Starts in Dallas!
An Overviewof the Looming Commercial Real Estate Debate THE CONVERSATION ABOUT COMMERCIAL INVESTMENTS IS CHANGING.
Kick off your year with Think Realty at our Conference & Expo in Dallas February 16th & 17th at the Dallas Marriott Las Colinas!
Think Realty events have: • Exhibitors with resources and tools • Cutting edge keynote speakers
by Samuel K. Freshman
F
or the past five years, my company, Standard Manage- ment Company, has cooperated with any number of universities, financial institutions, real estate companies, and in- dustry leaders to produce an all-day conference that is, at heart, more of a conversation than a conference on the direction of the real estate industry. This year, in January, we will tackle what we believe will be the prevailing topic in the real estate sector in the coming year: As the face of commercial real estate continues to change, what disrupting forces should you expect? PARTICIPATION INTHIS CONVERSATION REQUIRESALITTLEBITOFBACKGROUND There is a multi-point conversation to be had on this topic. Here, I’ve laid out the points, factors, and some debate-worthy conclusions I believe have emerged in the commercial sector in 2018 and will continue to influence commercial real estate in the coming year.
See the full agenda, read about our speakers, and see who is exhibiting at ThinkRealtyExpo.com. • A members-only training with Think Realty Coaches • Educational sessions on a variety of topics for the real estate investor • Invaluable networking opportunities • Workshops hosted by Think Realty partners • And more!
and trends, I expect the leveling off of the rise in both commercial and residential real estate prices. FACTOR 2: There will continue to be a shortage of hous- ing. Many proposals to solve this problem will be made, both on the industry level as well as by government agencies. Adding to the shortage of residential housing will be the continued efforts to impose rent control, which often contributes to a housing shortage. In other words, rent control is not a cure but a part of the problem. It discourages growth in housing stock and has been shown in many areas to actually reduce the amount of available housing. FACTOR 3: Mobile home parks and pre-built housing will help to fill the housing shortage at affordable prices. Developing Trend in the Conversation: The trend towards renting versus single-family-home purchases will continue due to cultural changes and millennials favoring later marriage and procreation.
• The first real estate professional to top $1 billion in home sales in a single year • The top-ranked agent for total transaction dollar volume and number of real estate transactions • The Think Realty Conference & Expo in Dallas keynote speaker! something about success in business and life— Guinness World Records calls him “the most productive real estate agent in the world,” and he’s got innumerable additional accolades in the real estate industry. With special guest Founder & CEO of HomeUSA.com— Ben Caballero. Ben knows a little
SEE US IN 2019:
ATLANTA SEPTEMBER 21-22
IRVINE JULY 13-14
BALTIMORE APRIL 6-7
TOPIC #1: REAL ESTATE PRICING
FACTOR 1: As has been said many times, “The future is not ours to see.” However, based on past experiences
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